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Automatic stabilizers and economic crisis: US vs. Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10010269611
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Social Protection as an Automatic Stabilizer
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010
This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance against macro level shocks in terms of automatic stabilizers. We find that automatic stabilizers absorb 38% of a proportional income shock and 47% of an idiosyncratic...
Persistent link: https://www.econbiz.de/10010331444
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Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? Deutschland im Vergleich mit der EU und den USA
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009
Europäischen Union und in den USA in der aktuellen Wirtschaftskrise. Dazu werden zwei Szenarien simuliert: erstens ein … absorbiert werden, verglichen mit 32 % in den USA. Im Fall des Beschäftigungsschocks ist der Unterschied zwischen Europa und den … USA deutlich größer: 48 % in der EU und lediglich 34 % in den USA. Unter der Annahme, dass nur die Nachfrage …
Persistent link: https://www.econbiz.de/10010331512
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Automatic stabilization and discretionary fiscal policy in the financial crisis
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: IZA Journal of Labor Policy 1 (2012), pp. 1-19
This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...
Persistent link: https://www.econbiz.de/10010331982
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Automatic stabilisers and economic crisis: US vs Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10010288285
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Tax-Benefit revealed social preferences in Europe and the US
Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - In: Annals of economics and statistics 113/114 (2014), pp. 257-289
Persistent link: https://www.econbiz.de/10010394952
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Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? : Deutschland im Vergleich zu anderen EU-Staaten und den USA
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - In: Perspektiven der Wirtschaftspolitik : eine Zeitschrift … 11 (2010) 2, pp. 132-145
Persistent link: https://www.econbiz.de/10003980290
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Automatic stabilizers and economic crisis : US vs. Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10003922975
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Tax-benefit systems in Europe and the US : between equity and efficiency
Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - 2011
Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...
Persistent link: https://www.econbiz.de/10008822490
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Social protection as an automatic stabilizer
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2010
This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance against macro level shocks in terms of automatic stabilizers. We find that automatic stabilizers absorb 38% of a proportional income shock and 47% of an idiosyncratic...
Persistent link: https://www.econbiz.de/10008841933